QUALCOMM Incorporated $QCOM Position Boosted by Venturi Wealth Management LLC

Venturi Wealth Management LLC raised its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 4.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 110,232 shares of the wireless technology company’s stock after buying an additional 4,594 shares during the period. Venturi Wealth Management LLC’s holdings in QUALCOMM were worth $18,338,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of QCOM. Harbor Capital Advisors Inc. raised its stake in QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 65 shares during the period. Chung Wu Investment Group LLC bought a new stake in QUALCOMM during the second quarter valued at about $32,000. Harbor Asset Planning Inc. bought a new stake in shares of QUALCOMM in the second quarter valued at approximately $32,000. Winnow Wealth LLC bought a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. Finally, Lavaca Capital LLC bought a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on QCOM shares. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. TD Cowen lifted their price target on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Piper Sandler boosted their price objective on shares of QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Finally, JPMorgan Chase & Co. increased their price objective on shares of QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $192.94.

QUALCOMM Stock Down 1.2%

Shares of NASDAQ QCOM opened at $180.19 on Thursday. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The stock has a market cap of $192.98 billion, a P/E ratio of 36.85, a P/E/G ratio of 4.00 and a beta of 1.21. The firm has a 50 day moving average price of $173.22 and a 200 day moving average price of $165.09.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The company had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. During the same period last year, the firm posted $2.69 earnings per share. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Insider Transactions at QUALCOMM

In related news, EVP Alexander H. Rogers sold 15,917 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the transaction, the executive vice president directly owned 26,071 shares in the company, valued at approximately $4,640,898.71. The trade was a 37.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Akash J. Palkhiwala sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the sale, the executive vice president owned 44,803 shares in the company, valued at $7,845,901.36. This trade represents a 18.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 53,155 shares of company stock valued at $9,267,593. Insiders own 0.08% of the company’s stock.

QUALCOMM Profile

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.